Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.72B |
| 2 |
Apple
AAPL
|
+$1.98B |
| 3 |
Microsoft
MSFT
|
+$1.42B |
| 4 |
Alibaba
BABA
|
+$1.03B |
| 5 |
Amazon
AMZN
|
+$924M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Keurig Dr Pepper
KDP
|
+$173M |
| 2 |
FedEx
FDX
|
+$150M |
| 3 |
Oracle
ORCL
|
+$139M |
| 4 |
Linde
LIN
|
+$132M |
| 5 |
PayPal
PYPL
|
+$131M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.59% |
| 2 | Consumer Discretionary | 6.81% |
| 3 | Healthcare | 6.77% |
| 4 | Financials | 5.21% |
| 5 | Industrials | 4.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
iShares US Medical Devices ETF
IHI
$3.37B
| $4.23M | ﹤0.01% |
+77,562
| New | +$4.05M |
|
2552
Ichor Holdings
ICHR
$2.8B
| $4.23M | ﹤0.01% |
140,304
+21,990
| +19% | +$622K |
|
|
VLTA
2553
CALL
DELISTED
Volta Inc.
VLTA
| $4.23M | ﹤0.01% |
+396,795
| New | +$4.15M |
|
|
CUTR
2554
DELISTED
Cutera, Inc.
CUTR
| $4.22M | ﹤0.01% |
175,000
+1,016
| +0.6% | +$21.7K |
|
2555
Vanguard Morningstar Value ETF
VTV
$189B
| $4.22M | ﹤0.01% |
35,461
+23,828
| +205% | +$2.68M |
|
2556
Editas Medicine
EDIT
$407M
| $4.21M | ﹤0.01% |
+60,125
| New | +$2.47M |
|
|
EMBJ
2557
Embraer S.A. ADS
EMBJ
$12.6B
| $4.21M | ﹤0.01% |
617,619
+204,422
| +49% | +$1.16M |
|
2558
Rollins
ROL
$18.4B
| $4.21M | ﹤0.01% |
107,619
+46,521
| +76% | +$1.8M |
|
|
CD
2559
DELISTED
Chindata Group Holdings Limited American Depositary Shares
CD
| $4.2M | ﹤0.01% |
175,405
-220,617
| -56% | -$3.61M |
|
|
NXRT
2560
NexPoint Residential Trust
NXRT
$660M
| $4.2M | ﹤0.01% |
+99,282
| New | +$4.35M |
|
2561
FirstCash
FCFS
$9.08B
| $4.19M | ﹤0.01% |
59,856
-62,568
| -51% | -$3.96M |
|
2562
Hillman Solutions
HLMN
$1.63B
| $4.19M | ﹤0.01% |
+399,999
| New | +$4.05M |
|
|
MTEM
2563
DELISTED
Molecular Templates, Inc.
MTEM
| $4.19M | ﹤0.01% |
29,756
-26,134
| -47% | -$3.86M |
|
2564
PUT
Vale
VALE
$62B
| $4.19M | ﹤0.01% |
+250,000
| New | +$3.33M |
|
2565
CALL
Denali Therapeutics
DNLI
$3.67B
| $4.19M | ﹤0.01% |
+50,000
| New | +$3.02M |
|
2566
PUT
Lumen
LUMN
$6.65B
| $4.19M | ﹤0.01% |
429,500
+1,900
| +0.4% | +$18.8K |
|
|
LNW
2567
DELISTED
Light & Wonder
LNW
| $4.18M | ﹤0.01% |
100,859
-34,862
| -26% | -$1.28M |
|
|
CTRA
2568
DELISTED
Coterra Energy
CTRA
| $4.18M | ﹤0.01% |
256,984
+66,265
| +35% | +$1.16M |
|
2569
The Bancorp
TBBK
$2.96B
| $4.18M | ﹤0.01% |
306,276
+168,520
| +122% | +$1.91M |
|
|
EQC
2570
DELISTED
Equity Commonwealth
EQC
| $4.18M | ﹤0.01% |
153,251
+32,026
| +26% | +$854K |
|
|
CAI
2571
DELISTED
CAI International, Inc.
CAI
| $4.18M | ﹤0.01% |
+133,801
| New | +$4.06M |
|
2572
CALL
Iovance Biotherapeutics
IOVA
$1.93B
| $4.18M | ﹤0.01% |
90,000
-20,000
| -18% | -$794K |
|
2573
MSC Industrial Direct
MSM
$6.98B
| $4.17M | ﹤0.01% |
+49,434
| New | +$3.82M |
|
2574
CALL
General Motors
GM
$79.3B
| $4.16M | ﹤0.01% |
+100,000
| New | +$3.89M |
|
2575
Cerence
CRNC
$403M
| $4.16M | ﹤0.01% |
41,405
-62,198
| -60% | -$4.64M |
|
Similar funds
Millennium Management's Q4 2020 Portfolio in Review
As of Q4 2020, Millennium Management held 5,904 positions worth $138B, up 170,419% from $81.2M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Millennium Management deployed $45.7B of net new capital in Q4 2020, opening 1,518 new positions and adding to 1,899 existing holdings. Its largest new stake was Sotera Health: 2,269,458 shares worth $62.3M.
By sector, the portfolio is most concentrated in Technology at 11% of assets, up from 6% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Keurig Dr Pepper, an estimated $173M trimmed.
- Millennium Management's largest Q4 2020 buy was Sotera Health: 2,269,458 shares worth $62.3M.
- Millennium Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $2.72B increase.
- Millennium Management's biggest Q4 2020 reduction was Keurig Dr Pepper, cutting an estimated $173M.
- Millennium Management fully exited Clover Health Investments in Q4 2020, selling an estimated $36.7M.
- Millennium Management's ten largest holdings make up 20% of its $138B portfolio in Q4 2020.
- Millennium Management opened 1,518 new positions and closed 754 in Q4 2020.
- Millennium Management's portfolio value rose 170,419% quarter-over-quarter to $138B.
Based on Millennium Management's 13F filing for Q4 2020, filed 16 Feb 2021.